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Award-Winning Boutique Hair Salon – North London For Sale

North London, London, UK
Asking Price:
£89,999
Turnover:
£66,900
Net Profit:
£40,218

CoGoGo welcomes an exceptional opportunity to acquire a highly regarded, award-winning boutique hair salon situated in an affluent and desirable area of North London.

This fabulous turnkey business benefits from an outstanding reputation, an established and experienced team, exceptionally low overheads and impressive profitability, with the additional benefit of substantial income generated through chair rentals.

Having been under the same ownership for many years, the business has developed a loyal and extensive client base, enjoying consistent repeat custom and word-of-mouth recommendations.

The salon currently operates with minimal owner involvement, presenting considerable potential for a hands-on operator to further increase turnover and profitability.

This highly successful boutique hair salon is renowned for its welcoming atmosphere, exceptional customer service and professional hairdressing.

Described by clients as a stylish and intimate boutique salon, the business offers a beautifully designed, comfortable and relaxing environment.

The salon has developed an outstanding reputation, receiving prestigious customer experience awards on numerous occasions and consistently achieving exceptional client satisfaction ratings.

With an excellent online review profile, the business enjoys a strong reputation, with clients regularly praising its warm and friendly atmosphere, quality hairdressing and thoughtful touches.

A significant strength of the business is its highly profitable operating model, generating substantial recurring income through established chair rental arrangements.

Rather than relying heavily on retail product sales, the business focuses on offering premium, high-margin hair treatments, providing attractive profitability without unnecessary stockholding.

The salon benefits from an efficient online booking system, allowing clients to book appointments conveniently and helping to streamline daily operations.

Remarkably, the business has undertaken little active marketing in recent years, with trade generated predominantly through its outstanding reputation, repeat custom and personal recommendations.

This presents an excellent opportunity for a new owner to introduce targeted marketing, develop its social media presence and further expand the existing customer base.

Financial Profile

We are advised of the following:
The business generates an attractive annual turnover and achieves an impressive level of net profitability.

That substantial recurring income is generated through established chair rental arrangements, providing a valuable and consistent revenue stream.

The business benefits from exceptionally low operating overheads and a highly competitive rental commitment, contributing to its strong financial performance.

The profitability is particularly noteworthy given the owner's limited working hours and the absence of active marketing campaigns in recent years.

Further financial information will be made available to genuinely interested parties upon request.

Property Information

Property:

Leasehold

Location:

The business occupies an attractive trading position within an affluent and sought-after residential area of North London.

The salon benefits from a loyal local customer base and an excellent reputation that attracts clients through recommendations and repeat visits.

Its desirable location provides an ideal setting for a quality boutique hair salon with an established clientele.

Premises Details:

The business operates from attractive, well-designed leasehold premises, providing an intimate and welcoming boutique salon environment.

The salon has been thoughtfully arranged to create a comfortable, professional setting while maintaining exceptionally low running costs compared with many competing hair salons.

The premises offer an established, fully operational salon environment, allowing an incoming purchaser to continue trading with minimal disruption, subject to the agreed terms of sale.

Business Operation

Trading hours:

The salon operates with an established team and an efficient online appointment booking system.

The owner currently works on a limited part-time basis, providing an incoming hands-on purchaser with significant scope to increase their personal involvement and potentially enhance profitability.

Employees:
A particularly valuable feature of the business is its loyal, experienced and long-established team.Several members of staff have been associated with the salon for many years, contributing significantly to its reputation, client retention and consistently high standards of service.The established team enables the business to operate successfully with minimal day-to-day involvement from the owner, making it equally attractive to an experienced hairdresser seeking their own salon or a purchaser looking for a business with an established operating structure.